Originally published on Fri December 21, 2012 8:45 am
Good morning! If you can read this, then we offer our congratulations on surviving the Mayan Apocalypse!
You've evidently made it through the initial cataclysm caused by the collision of Earth with an unknown comet, a massive solar storm, a burst of radiation from the center of the galaxy, the mysterious Planet X (aka Nibiru), or some other catastrophe that scientists assured us wouldn't happen.
There are two positive economic signals to pass along this morning:
-- The Census Bureau says orders for durable goods rose 0.7 percent in November from October. That follows a 1.1 percent rise in October from September and is the sixth increase in the past seven months.
Originally published on Fri December 21, 2012 8:25 am
House Speaker John Boehner's "major defeat" Thursday night — when he had to pull his "Plan B" to extend Bush-era tax cuts for nearly all American taxpayers because he couldn't get enough support from his fellow Republicans — means negotiations about avoiding the so-called fiscal cliff remain at an impasse.
Originally published on Fri December 21, 2012 8:38 am
Update at 9:36 a.m. ET: In Newtown and across the nation, bells rang starting at 9:30 a.m. ET, to honor the 20 children and six adults killed one week ago at Sandy Hook Elementary School in Newtown, Conn. And on the Web, it appears many did take part in #MomentForSandyHook — judging from the sharp slowdown in our Twitter feed.
If you're running out of time for holiday shopping and you can't stand to buy another gift card, there's still hope.
Over the last few holiday shopping seasons, I've become something of a specialist in hunting down specific DVD and Blu-ray sets that will most appeal to friends and family on my list. I usually have a pretty good inkling of these things: My sister gets the art-house movies. My uncle gets the old-school sitcoms. My nephew gets anything that involves baseball, superheroes and/or ice road truckers (don't ask).